Emanuele Bajo is Professor of Finance at the University of Bologna, Associate Dean at the University of Bologna Business School (BBS) and Honorary Professor at the University of Queensland. In the past he has been Adjunct Professor at the Johns Hopkins University, San Diego State University and Visiting Researcher at Boston College.
His research interests and major publications are mainly related to IPO, Household Finance and Corporate Risk Management. He has published numerous articles in prestigious finance journals (among others, Journal of Financial Economics, Journal of Corporate Finance and Journal of Banking and Finance) and two books (Convertible bonds and Corporate risk management).
He is the Executive Editor of the Journal of Economics and Business. In the past he also worked in business consulting and he is the founder of the web site Borse.it, one of the leading financial web sites in Italy.
Journal Article: Psychological profile and investment decisions
Bajo, Emanuele, Cecchini, Marco and Oliver, Barry (2023). Psychological profile and investment decisions. Finance Research Letters, 58 (Part A) 104245. doi: 10.1016/j.frl.2023.104245
Journal Article: I will trade, just not today: Individual investor trading activity around birthdays
Bajo, Emanuele, Randl, Otto and Simion, Giorgia (2023). I will trade, just not today: Individual investor trading activity around birthdays. European Financial Management. doi: 10.1111/eufm.12472
Journal Article: Me, myself and I: CEO narcissism and selective hedging
Bajo, Emanuele, Jankensgard, Hakan and Marinelli, Nicoletta (2021). Me, myself and I: CEO narcissism and selective hedging. European Financial Management, 28 (3), 809-833. doi: 10.1111/eufm.12328
Psychological profile and investment decisions
Bajo, Emanuele, Cecchini, Marco and Oliver, Barry (2023). Psychological profile and investment decisions. Finance Research Letters, 58 (Part A) 104245. doi: 10.1016/j.frl.2023.104245
I will trade, just not today: Individual investor trading activity around birthdays
Bajo, Emanuele, Randl, Otto and Simion, Giorgia (2023). I will trade, just not today: Individual investor trading activity around birthdays. European Financial Management. doi: 10.1111/eufm.12472
Me, myself and I: CEO narcissism and selective hedging
Bajo, Emanuele, Jankensgard, Hakan and Marinelli, Nicoletta (2021). Me, myself and I: CEO narcissism and selective hedging. European Financial Management, 28 (3), 809-833. doi: 10.1111/eufm.12328
Bolstering family control: evidence from loyalty shares
Bajo, Emanuele, Barbi, Massimiliano, Bigelli, Marco and Croci, Ettore (2020). Bolstering family control: evidence from loyalty shares. Journal of Corporate Finance, 65 101755, 101755. doi: 10.1016/j.jcorpfin.2020.101755
Institutional investor networks and firm value
Bajo, Emanuele, Croci, Ettore and Marinelli, Nicoletta (2020). Institutional investor networks and firm value. Journal of Business Research, 112, 65-80. doi: 10.1016/j.jbusres.2020.02.041
Bajo, Emanuele, Barbi, Massimiliano and Hillier, David (2020). Where should I publish to get promoted? A finance journal ranking based on business school promotions. Journal of Banking and Finance, 114 105780, 105780. doi: 10.1016/j.jbankfin.2020.105780
Ownership ties, conflict of interest, and the tone of news
Bajo, Emanuele, Bigelli, Marco and Raimondo, Carlo (2019). Ownership ties, conflict of interest, and the tone of news. European Financial Management, 26 (3), 560-578. doi: 10.1111/eufm.12237
Individual differences in the disposition effect
Cecchini, Marco, Bajo, Emanuele, Russo, Paolo Maria and Sobrero, Maurizio (2019). Individual differences in the disposition effect. Journal of Behavioral Finance, 20 (1), 107-126. doi: 10.1080/15427560.2018.1492579
Financial illiteracy and mortgage refinancing decisions
Bajo, Emanuele and Barbi, Massimiliano (2018). Financial illiteracy and mortgage refinancing decisions. Journal of Banking and Finance, 94, 279-296. doi: 10.1016/j.jbankfin.2018.08.001
Media sentiment and IPO underpricing
Bajo, Emanuele and Raimondo, Carlo (2017). Media sentiment and IPO underpricing. Journal of Corporate Finance, 46, 139-153. doi: 10.1016/j.jcorpfin.2017.06.003
Do firms get what they pay for? A second thought on over-allotment option in IPOs
Bajo, Emanuele, Barbi, Massimiliano and Petrella, Giovanni (2017). Do firms get what they pay for? A second thought on over-allotment option in IPOs. The Quarterly Review of Economics and Finance, 63, 219-232. doi: 10.1016/j.qref.2016.02.012
Underwriter networks, investor attention, and initial public offerings
Bajo, Emanuele, Chemmanur, Thomas J., Simonyan, Karen and Tehranian, Hassan (2016). Underwriter networks, investor attention, and initial public offerings. Journal of Financial Economics, 122 (2), 376-408. doi: 10.1016/j.jfineco.2015.12.001
A generalized approach to optimal hedging with option contracts
Bajo, Emanuele, Barbi, Massimiliano and Romagnoli, Silvia (2015). A generalized approach to optimal hedging with option contracts. European Journal of Finance, 21 (9), 714-733. doi: 10.1080/1351847X.2013.875050
Benefit of slow titration of paroxetine to treat depression in the elderly
Olgiati, Paolo, Bajo, Emanuele and Serretti, Alessandro (2014). Benefit of slow titration of paroxetine to treat depression in the elderly. Human Psychopharmacology, 29 (6), 544-551. doi: 10.1002/hup.2433
Optimal corporate hedging using options with basis and production risk
Bajo, Emanuele, Barbi, Massimiliano and Romagnoli, Silvia (2014). Optimal corporate hedging using options with basis and production risk. The North American Journal of Economics and Finance, 30, 56-71. doi: 10.1016/j.najef.2014.08.003
Olgiati, Paolo, Bajo, Emanuele, Bigelli, Marco, Montgomery, Stuart and Serretti, Alessandro (2013). Challenging sequential approach to treatment resistant depression: Cost-utility analysis based on the Sequenced Treatment Alternatives to Relieve Depression (STAR*D) trial. European Neuropsychopharmacology, 23 (12), 1739-1746. doi: 10.1016/j.euroneuro.2013.08.008
The role of institutional investors in public-to-private transactions
Bajo, Emanuele, Barbi, Massimiliano, Bigelli, Marco and Hillier, David (2013). The role of institutional investors in public-to-private transactions. Journal of Banking and Finance, 37 (11), 4327-4336. doi: 10.1016/j.jbankfin.2013.07.004
Interest rate risk estimation: A new duration-based approach
Bajo, Emanuele, Barbi, Massimiliano and Hillier, David (2013). Interest rate risk estimation: A new duration-based approach. Applied Economics, 45 (19), 2697-2704. doi: 10.1080/00036846.2012.667552
The role of time value in convertible bond call policy
Bajo, Emanuele and Barbi, Massimiliano (2012). The role of time value in convertible bond call policy. Journal of Banking and Finance, 36 (2), 550-563. doi: 10.1016/j.jbankfin.2011.09.004
Olgiati, Paolo, Bajo, Emanuele, Bigelli, Marco, De Ronchi, Diana and Serretti, Alessandro (2012). Should pharmacogenetics be incorporated in major depression treatment? Economic evaluation in high- and middle-income European countries. Progress in Neuro-Psychopharmacology and Biological Psychiatry, 36 (1), 147-154. doi: 10.1016/j.pnpbp.2011.08.013
Serretti, Alessandro, Olgiati, Paolo, Bajo, Emanuele, Bigelli, Marco and De Ronchi, Diana (2011). A model to incorporate genetic testing (5-HTTLPR) in pharmacological treatment of major depressive disorders. World Journal of Biological Psychiatry, 12 (7), 501-515. doi: 10.3109/15622975.2011.572998
The risk-shifting effect and the value of a warrant
Bajo, Emanuele and Barbi, Massimiliano (2010). The risk-shifting effect and the value of a warrant. Quantitative Finance, 10 (10), 1203-1213. doi: 10.1080/14697680902953841
The information content of abnormal trading volume
Bajo, Emanuele (2010). The information content of abnormal trading volume. Journal of Business Finance and Accounting, 37 (7-8), 950-978. doi: 10.1111/j.1468-5957.2010.02197.x
The determinants of regulatory compliance: An analysis of insider trading disclosures in Italy
Bajo, Emanuele, Bigelli, Marco, Hillier, David and Petracci, Barbara (2009). The determinants of regulatory compliance: An analysis of insider trading disclosures in Italy. Journal of Business Ethics, 90 (3), 331-343. doi: 10.1007/s10551-009-0044-x
Serretti, Alessandro, Mandelli, Laura, Bajo, Emanuele, Cevenini, Nadia, Papili, Pietro, Mori, Elisa, Bigelli, Marco and Berardi, Domenico (2009). The socio-economical burden of schizophrenia: A simulation of cost-offset of early intervention program in Italy. European Psychiatry, 24 (1), 11-16. doi: 10.1016/j.eurpsy.2008.07.009
The stock market reaction to investment decisions: Evidence from Italy
Bajo, Emanuele, Bigelli, Marco and Sandri, Sandro (1998). The stock market reaction to investment decisions: Evidence from Italy. Journal of Management and Governance, 2 (1), 1-16. doi: 10.1023/A:1009945224561